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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (171057)	9/13/2002 3:33:36 PM
From: Ali Chen	Respond to of 186894

"if you talk about the money spent toward buying back stock, you should also talk about the money gained from option exercises. It's only fair." If you could be a little more attentive to the overall "discussion", e.g. Message 17985949 you would not make the stupid statement. "so you're arguing that it's one grand Ponzi scheme." No, the Ponzi scheme has nothing to do with this. The non-accountable (in EPS sense) stock buyback is a simple means to fool stupid "investors" by misrepresenting the actual labor expenses. The scale of stock buybacks at Intel has grown out of any proportions, including periods when the company was _effectively_ in the red while management still was bragging about "continuous eternal profitability". The whole scheme is a living illustration of one classics of Intel's managers (forgot who exactly): "never underestimate stupidity of consumers" (os something like that). - Ali